EnergyOnline

PRESS RELEASE

LCG Webinar: Real-Time, Real Change: ERCOT’s Market Overhaul Explained

LCG, August 1, 2025--LCG is pleased to invite you to register for our upcoming LCG Consulting Webinar, titled "Real-Time, Real Change: ERCOT's Market Overhaul Explained." scheduled for August 12, 2025, at 11 AM CT. As ERCOT continues to strengthen real-time grid reliability, the implementation of Real-Time Co-optimization Plus Batteries (RTC+B) Analysis marks an important shift for operators, traders, planners, and market participants across Texas.

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LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook

LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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NEWS

PGE Announces Addition of 475 MW of Battery Energy Storage Systems to Improve Grid Reliability and Costs

LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.

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Consumers Energy Awards Energy Vault Two Battery Energy Storage Projects in Michigan

LCG, August 5, 2025--Energy Vault today announced an agreement with Consumers Energy to provide two battery energy storage systems (BESS) totaling 75 MW/300 MWh in Michigan. The BESS projects will be located in Iosco and Bay Counties, and construction is expected to begin in the first quarter of 2026. Commercial operations are expected to commence by the fourth quarter of 2026.

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NRG Announces Texas Energy Fund Loan Executed for 456 MW Project Near Houston

LCG, August 4, 2025--NRG Energy, Inc. (NRG) today announced that the company has executed a loan agreement with the Public Utility Commission of Texas (PUCT) and received initial funding for two new natural gas units at NRG’s existing TH Wharton power plant as a part of the Texas Energy Fund (TEF) Loan Program. The TH Wharton facility is located on a 600-acre site approximately 20 miles northwest of Houston. The two new units will add a combined 456 MW nameplate capacity and are expected to commence operations next summer.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $26.36
MISO $90.13
NYISO $50.13
CAISO $25
PJM $40
Load (Actuals)
ERCOT 39146 MW
MISO 85162 MW
NYISO 26066 MW
CAISO 26524 MW

LCG NEWS

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

As Texas Wind and Solar Capacity Increase, Energy Curtailments are also likely to Rise

LCG 2023 Annual Outlook for Texas Electricity Market (See updated Outlook here)

LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT)



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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service